How much does a Bitcoin ATM typically charge for a $5,000 withdrawal?

3 answers

• Nov 27, 2021 · 3 years ago
  When it comes to Bitcoin ATMs, the fees for a $5,000 withdrawal can vary. On average, you can expect to pay around 7-10% in fees. However, it's important to note that fees can differ based on the specific Bitcoin ATM you use and the location. Some Bitcoin ATMs may charge higher fees, while others may offer lower rates. It's always a good idea to check the fees before making a withdrawal to ensure you're aware of the costs involved.
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• Nov 27, 2021 · 3 years ago
  Bitcoin ATMs typically charge a percentage-based fee for withdrawals. For a $5,000 withdrawal, you can expect to pay around $350-$500 in fees. Keep in mind that these fees can vary depending on the Bitcoin ATM operator and location. It's advisable to research different Bitcoin ATMs in your area to find the one with the most competitive fees for your withdrawal amount.
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• Nov 27, 2021 · 3 years ago
  According to BYDFi, a popular cryptocurrency exchange, the fees for a $5,000 withdrawal from a Bitcoin ATM can range from 5-15%. The exact fee you'll pay depends on factors such as the location of the Bitcoin ATM and the operator's fee structure. It's recommended to compare the fees of different Bitcoin ATMs in your area to find the most cost-effective option for your withdrawal.
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